🌘🌘 ALT SEASON - BTC.D Looks weak! 🌘🌘
Greetings,
BTC.D aka Bitcoin Dominance chart looking to drop lower levels. Bitcoin dominance is the difference in percentage between the market capitalization of Bitcoin to the total market cap of the entire cryptocurrency market.
The chart I have posted are long term support/resistance points (drawn in years ago). We have seen BTC.D fall under 43% - while bitcoin continues to track sideways and up into its next price range we are going to see some $$ flow into altcoins. This could be a great opportunity 🌘
Remember, nothing is guaranteed, control the controllables.
Mogues
BTC.D aka Bitcoin Dominance chart looking to drop lower levels. Bitcoin dominance is the difference in percentage between the market capitalization of Bitcoin to the total market cap of the entire cryptocurrency market.
The chart I have posted are long term support/resistance points (drawn in years ago). We have seen BTC.D fall under 43% - while bitcoin continues to track sideways and up into its next price range we are going to see some $$ flow into altcoins. This could be a great opportunity 🌘
Remember, nothing is guaranteed, control the controllables.
Mogues
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